Pound Sterling declines as BoE’s policy decision looms large
The Pound Sterling stabilizes against its major peers, except safe-haven assets, ahead of the BoE’s monetary policy on ...
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Indian Rupee touches record low of 87.57 against US Dollar
The Indian Rupee has plunged 14p to a record low of 87.57 against the US Dollar today. The fall comes amid market expectations of an impending rate cut by the Reserve Bank of India (RBI) and poor ...
Surging dollar spurs jump in corporate FX hedging
Corporate treasurers are ramping up efforts to guard company earnings against more dollar strength, a move that some analysts ...
Sterling Could Fall if Strong Majority of BOE Officials Back Rate Cut
Sterling weakened against the dollar and could fall further if the BOE votes 8-1 to cut interest rates and downgrades its economic growth forecasts, ING said.